"Looking at a future of peace and prosperity also means looking at reconstruction, and I am happy to announce that the 'Ukraine Recovery Conference' will be held in Rome on 10 and 11 July 2025," Italian Prime Minister Giorgia Meloni said.
The following is the June 12, 2024 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. Ukraine’s annual recovery conference happened this week in Berlin, but instead of talks of grand plans to
Italian Foreign Minister Antonio Tajani announced that Italy is prepared to host and organize the Conference on the Restoration of Ukraine in 2025, according to the website of the Italian Ministry of Foreign Affairs.
President Volodymyr Zelensky delivered his first in-person address to German lawmakers in the Bundestag on June 11, expressing Ukraine's gratitude for Germany's support in resisting Russia's invasion.
The funds will be allocated to Ukraine's "infrastructure, railways, healthcare, agriculture and mine clearance," and 45 million euros ($48 million) of that will be used for the reconstruction of Odesa, the minister said.
Ukraine will receive 1.5 billion euros ($1.6 billion) in Russian frozen assets revenue in July and 1.9 billion euros ($2 billion) under the Ukraine Facility already this month, European Commission President Ursula von der Leyen said on June 11.
